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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: milesofstyles who wrote (19722)7/22/1998 12:42:00 AM
From: freelyhovering  Read Replies (2) | Respond to of 79545
 
miles--Check out VII, one of Doug's old favorites. I have been in it for awile and today it zoomed. Doug had an obscenely high target for it once but I can't remember what it was. Myron



To: milesofstyles who wrote (19722)7/22/1998 3:22:00 AM
From: Doug R  Read Replies (1) | Respond to of 79545
 
Milesofwhatheheckareyoulookingatov??

CADE has a 3 dRSI IHS breakout with the indicator accelerating through a downtrending neckline at a value of approx. 52. Lots of room to move there.
The 3 dRSI also shows a pair of higher lows after the 6/3 low...convergence.

The 13, 8, 8 stochastics show convergence as well with a crossover on Mon. that also gives it plenty of running room.

OBV has broken the recent downtrend. MoneyFlow has a strong upturn in the short term with the 89 dMFI well below overbought and reacting to the short term influence.

It's up against 3 dCCI downtrend resistance. If that's broken...GEEZ...it would then likely run to the 21 dCCI downtrend resistance going back to 11/15/88.

Other stuff too. Sneaky little MACD IHS breakout...etc.

Doug R